Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. Strategy The company’s strategy is to be a leading provider of electricity, natural gas and related services to customers primarily in the eastern region of the U.S. Operations As of December 31, 2015, the company’s portfolio of assets includes approximately 24,300 megawatt (MW)of generating capacity, 6,500 miles of electric transmission lines, 57,300 miles of electric distribution lines, 12,200 miles of natural gas transmission, gathering and storage pipeline and 22,000 miles of gas distribution pipeline, exclusive of service lines. As of December 31, 2015, the company served approximately 5 million utility and retail energy customers in 14 states and operates an underground natural gas storage system, with approximately 933 billion cubic feet of storage capacity. The company’s operations are conducted through various subsidiaries, including Virginia Electric and Power Company (Virginia Power) and Dominion Gas Holdings, LLC (Dominion Gas). Virginia Power is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina. In Virginia, Virginia Power conducts business under the name Dominion Virginia Power (DVP) and primarily serves retail customers. In North Carolina, it conducts business under the name Dominion North Carolina Power and serves retail customers located in the northeastern region of the state, excluding certain municipalities. In addition, Virginia Power sells electricity at wholesale prices to rural electric cooperatives, municipalities and into wholesale electricity markets. All of Virginia Power’s stock is owned by the company. Dominion Gas serves as the intermediate parent company for the majority of the company’s regulated natural gas operating subsidiaries, which conduct business activities through a regulated interstate natural gas transmission pipeline and underground storage system in the Northeast, mid-Atlantic and Midwest states, regulated gas transportation and distribution operations in Ohio, and gas gathering and processing activities primarily in West Virginia, Ohio and Pennsylvania. Dominion Gas’ wholly-owned subsidiaries are Dominion Transmission, Inc. (DTI), The East Ohio Gas Company, doing business as Dominion East Ohio (East Ohio) and Dominion Iroquois, Inc. (Dominion Iroquois). DTI is an interstate natural gas transmission pipeline company serving a mix of customers, such as local gas distribution companies, marketers, interstate and intrastate pipelines, electric power generators, and natural gas producers. The DTI system links to other major pipelines and markets in the mid-Atlantic, Northeast, and Midwest including the company’s Cove Point pipeline. DTI also operates underground natural gas storage system in the U.S. DTI produces and supplies natural gas liquids (NGLs). East Ohio is a regulated natural gas distribution operation serving residential, commercial and industrial gas sales and transportation customers. Its service territory includes Cleveland, Akron, Canton, Youngstown and other eastern and western Ohio communities. Dominion Iroquois holds a 24.72% non controlling partnership interest in Iroquois Gas Transmission System, L.P. (Iroquois), a Federal Energy Regulatory Commission (FERC) regulated interstate natural gas pipeline in New York and Connecticut. All of Dominion Gas’ membership interests are owned by the company. The Cove Point Pipeline is a 36-inch diameter underground, interstate natural gas pipeline that extends approximately 88 miles from Cove Point to interconnections with Transcontinental Gas Pipe Line Company, LLC in Fairfax County, Virginia, and with Columbia Gas Transmission, LLC and DTI in Loudoun County, Virginia. Regulations Dominion Gas is also subject to the Pipeline Safety Improvement Act of 2002 and the Pipeline Safety, Regulatory Certainty and Job Creation Act of 2011. Dominion Gas has evaluated its natural gas transmission and storage properties, as required by the Department of Transportation regulations under these Acts, and has implem
dominion resources inc/va (D:New York)
120 Tredegar Street
Richmond, VA 23219
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